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Major: System Dynamics Slide show brought to you by: WPI Social Science & Policy Studies And WPI System Dynamics Club Author: David Liu

System dynamics majors fair

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Page 1: System dynamics majors fair

Major: System Dynamics

Slide show brought to you by:

WPI Social Science & Policy Studies And

WPI System Dynamics Club

Author: David Liu

Page 2: System dynamics majors fair

Basic System Behaviors

Exponential Growth

Goal Seeking

Oscillation

S-shaped Growth

S-shaped Growth with Overshoot

Overshoot and Collapse

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Page 3: System dynamics majors fair

Exponential Growth

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System Level

Inflow

Net increase rate

Positive feedback loops generate growth, amplify deviations, and reinforce change.

Page 4: System dynamics majors fair

Goal SeekingNegative feedback loops seek balance, equilibrium, and stasis.

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System LevelCorrective Action

Discrepancy

GoalRate of change

Page 5: System dynamics majors fair

OscillationTime delays cause the state of system to constantly overshoots its

goal or equilibrium state, reverses, then undershoots, and so on.

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System LevelCorrective Action

Discrepancy

Perception

GoalRate of change

Perception Delay

Page 6: System dynamics majors fair

S-shaped GrowthNo real quantity can grow (or decline) forever, eventually one or

more constraints halt the growth.

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System LevelNet Increase Rate

Resource Adequacy

Carrying CapacityNormal Growth Rate

Page 7: System dynamics majors fair

S-Shaped Growth with OvershootTime delays in lead to the possibility that the state of the system

will overshoot and oscillate around the carrying capacity.

System LevelNet Increase Rate

Resource Adequacy

Carrying CapacityNormal Growth Rate

Delayed Resource Effect

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Page 8: System dynamics majors fair

Overshoot and CollapseThe ability of the environment to support a growing population is

eroded or consumed by the population itself.

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System LevelNet Increase Rate

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Erosion of Carrying Capacity

Normal Growth Rate

Carrying Capacity

Consumption rate

Page 9: System dynamics majors fair

Applications of System Dynamics• Constructing better mental models• Simulating & experimenting with computer models• Use the same engineering tools to experiment with

and to solve many messy problems of:– Management

– Government

– Economy

– Environment

– Other dynamic systems